GWS Production AB (publ) publishes annual report for 2017

GWS Production AB (publ) publishes annual report for 2017

GWS Production AB (publ) (GWS) publishes annual report for the period between January – December 2017. Refer to the attachment below for full report.

Summary of annual report

“Mother company” or “GWS”, comprises of GWS Production AB with company number 556776-4674, without subsidiaries. “The Group” comprises the Mother company, including subsidiaries. At December 31, 2017, the Mother company owned 51% of the shares in Travelogix Ltd, 100% of the shares in GWS Production (Singapore) Pte Ltd, 99,99% of the shares in GWS do Brasil Solucões e Sistemas Tecnológicos em Seguranca Ltda and 35% of the shares in Carefindy AB (minority interest).

THE GROUP

Twelve months (2017-01-01 to 2017-12-31)

  • Net turnover amounted to 14 171 (8 988) TSEK.
  • Result after financials and minority share amounted to -12 209 (-17 592) TSEK.
  • Result per share* amounted to -0,84 (-1,23) SEK.
  • The solidity** amounted to 72,2 (85,5) % on December 31st, 2017.

Fourth quarter (2017-10-01 to 2017-12-31)

  • Net turnover amounted to 4 145 (1 900) TSEK.
  • Result after financials and minority share amounted to -3 379 (-4 526) TSEK.
  • Result per share* amounted to -0,23 (-0,31) SEK.

THE MOTHER COMPANY

Twelve months (2017-01-01 to 2017-12-31)

  • Net turnover amounted to 8 866 (6 713) TSEK.
  • Result after financials amounted to -11 467 (-16 511) TSEK.
  • Result per share* amounted to -0,79 (-1,15) SEK.
  • The solidity** amounted to 74,8 (88,2) %.

Fourth quarter (2017-10-01 to 2017-12-31)

  • Net turnover amounted to 2 588 (1 480) TSEK.
  • Result after financials amounted to -3 278 (-4 207) TSEK.
  • Result per share* amounted to -0,22 (-0,29) SEK.

Amounts within brackets regard comparative period last year.

 *Results per share: results are divided by an average number of shares. An average number of shares for twelve months 2017: 14 501 463 (14 357 256) shares. An average number of shares for the fourth quarter 2017: 14 909 629 (14 365 407) shares. Total number of shares in GWS on December 31st, 2017: 15 945 407 (14 365 407) shares.  The Company has issued 650 000 share options (2015/2019), of which, 427 885 have been signed for that can be converted to the same number of shares in the Company during March 2019. The Company has also issued 40 000 share options (2015/2019), all signed for, which can be converted into the same number of shares from July 8th, 2019 to July 24th, 2019.

The Company has also issued 670 000 share options (2016/2020), of which, 670 000 has been signed for, which can be converted into the same number of shares in the Company during April 2020.

 **Solidity: Equity divided by total assets.

 Significant events during the fourth quarter, 2017.   

  • GWS publishes report for the period January 1st – September 30th, 2017.
  • Humle Småbolagsfond invests 5,2 million SEK in a private placement in GWS.
  • GWS receives a business loan from ALMI amounting to 3 million SEK.

 Significant events after year-end.

  • Major international franchisor expands the agreement with GWS.

 Certified Adviser

Erik Penser Bank AB is the Certified Adviser of GWS.

For additional information, visit www.globalwarningsystem.com or contact GWS CEO Andreas Rodman: +46 708 – 10 13 16 or via andreas.rodman@globalwarningsystem.com

This information is GWS Production AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 14:00 CET on 27 February 2018.

About GWS Production AB and Safeture

Global Warning System (GWS) offers mobile-based personal security services (Safeture) to companies and consumers to protect employees, family members and individuals when they travel abroad.

The Company was founded in 2009, triggered by the experience of the global SARS epidemic, the Indian Ocean tsunami and the Mumbai terror attacks, where people could have been warned earlier, and received more information. GWS vision is to prevent damages by providing correct information in real-time.

The GWS share is listed on NASDAQ First North Stockholm.

GWS Production AB – Annual report 2017

2018-02-27T14:02:19+00:00 27 februari, 2018|Okategoriserade|